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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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TIDEWATER HOME FUNDING
Mortgage Loans and Application Details
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| Mortgage Company Name |
TIDEWATER HOME FUNDING |
| Address | 1108 EDEN WAY NORTH
CHESAPEAKE, VA 23320 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 559 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $97,820,000 |
| Average Mortgage Loan Amount Applied For | $186,625 |
| Highest Mortgage Loan Amount Applied For | $776,000 |
| Average Applicant Income | $72,958 |
| Highest Applicant Income | $1,132,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
433 | $73,986,000 |
$170,000 | $576,000 |
$73,000 | $1,132,000 |
| Refinancing |
141 | $25,823,000 |
$183,000 | $776,000 |
$74,000 | $337,000 |
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| American Indian or Alaskan Native |
2 | $505,000 |
$252,000 | $392,000 |
$73,000 | $147,000 |
| Asian |
12 | $3,426,000 |
$285,000 | $520,000 |
$80,000 | $233,000 |
| Black or African American |
128 | $21,420,000 |
$167,000 | $542,000 |
$57,000 | $199,000 |
| Hispanic |
17 | $2,894,000 |
$170,000 | $384,000 |
$61,000 | $172,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $1,269,000 |
$181,000 | $330,000 |
$96,000 | $110,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
30 | $5,541,000 |
$184,000 | $650,000 |
$46,000 | $189,000 |
| White |
378 | $64,754,000 |
$171,000 | $776,000 |
$81,000 | $1,132,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
421 | $70,476,000 |
$167,000 | $776,000 |
$79,000 | $1,132,000 |
| FHA-insured (Federal Housing Administration) |
80 | $12,156,000 |
$151,000 | $255,000 |
$47,000 | $88,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
73 | $17,177,000 |
$235,000 | $417,000 |
$68,000 | $156,000 |
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| Application Approved But Not Accepted |
6 | $1,372,000 |
$228,000 | $519,000 |
$73,000 | $217,000 |
| Application Denied By Financial Institution |
6 | $825,000 |
$137,000 | $215,000 |
$35,000 | $62,000 |
| Application Withdrawn By Applicant |
21 | $2,837,000 |
$135,000 | $320,000 |
$78,000 | $360,000 |
| File Closed For Incompleteness |
6 | $836,000 |
$139,000 | $197,000 |
$91,000 | $202,000 |
| Loan Originated |
535 | $93,939,000 |
$175,000 | $776,000 |
$73,000 | $1,132,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $265,000 |
$132,000 | $215,000 |
$14,000 | $29,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
3 | $432,000 |
$144,000 | $158,000 |
$52,000 | $62,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $128,000 |
$128,000 | $128,000 |
$27,000 | $27,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for TIDEWATER HOME FUNDING by:
Metropolitan Area And
County
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